Troy Brick Multi-Unit
151 Jackson Street Troy, NY 12180
151 Jackson Street, Troy, NY, 12180
$340,000
For Sale
$340,000
MULTI_FAMILY - Other - Troy, NY
Property Size2,919 SF
Lot Size0.06 Acres
Price / SF$116.48
Days on Market74
Property Features for 151 Jackson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
- Patio and Porch features
- Deck
- Fencing
- Fenced
- Standard status
- Active
- APN
- 381700 111.36-11-5
- Size
- 2,919 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4299
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Electric (Heating), Space Heater
- Water source
- Public
Building Details
- Year built
- 1890
- Number of units
- 3
- Flooring type
- Carpet, Laminate
- Building materials
- Brick, Vinyl Siding
- Roof type
- Rubber
- Architectural style
- Other
Listing Agency
KW Platform
(518) 724-5800
935 New Loudon Rd, Latham, NY
Listed by
Luke Khachadourian · License #10301219050
(518) 937-3252
Added: May 5 Checked: Jul 17 at 6:06 pm
MLS# 202616460
Listing URL
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This large, free-standing brick 3-unit property is located next to Hope Park in Troy. The property offers spacious layouts and separate utilities for each unit. In-unit laundry is included for added convenience. The property is ideally located near downtown Troy, RPI, shopping, and major transportation routes. With a lot size of 0.06 acres and a property size of 2919 square feet, this well-maintained property presents an excellent opportunity for investors or owner-occupants looking to build equity.
Key Highlights
- Free‑standing large brick 3‑unit property in Troy with separate utilities
- In‑unit laundry included for each unit
- Built in 1890; exterior materials include brick and vinyl siding
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.5k | $20.40 |
| − Vacancy | −$2.9k | −$0.98 |
| EGI | $56.7k | $19.42 |
| − OpEx | −$25.5k | −$8.74 |
| NOI | $31.2k | $10.68 |
2,919 SF · lease $20.40/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$481.5K
$421.3K – $561.8K
NOI $33,705 @ 7.0% cap · market cap 9.91%
Second Best
Apartment 5plus
$445.4K
$389.7K – $519.7K
NOI $31,179 @ 7.0% cap · market cap 9.17%
Theoretical Best
Office A
$910.9K
$797.0K – $1.06M
NOI $63,760 @ 7.0% cap · market cap 18.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained 3-unit property near downtown Troy and RPI.
Where is this triplex located?
The property is located at 151 Jackson Street Troy, NY.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Free‑standing large brick 3‑unit property in Troy with separate utilities; In‑unit laundry included for each unit; Built in 1890; exterior materials include brick and vinyl siding
